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Dec 6, 2012
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i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks like too many republicans are beginning to throw in the towel. they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to
i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks...
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Dec 5, 2012
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the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good point. somebody mentioned the other day that the president is planning a trip to hawaii on december 17th. i said, what? they said, no, no, no, not unless the deal is done. we'll see about that. meanwhile, the house goes away for a lock weekend. all right, rob. what do you think? you think we're going to get a deal done by the year end? >> i think there will probably be a deal done. i think you have to look at the market fundamentals today and say equities are as cheap as th they've been in 50 years relative to bonds. equities are going to stay firm. the second thing is the money flows go
the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good...
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Dec 26, 2012
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the president is coming back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a deal does come through, it -- more likely will not be comprehensive, right? there's going to be a lot of negotiating that occurs after the first of the year. i guess my question to you is, does this leave the markets open to turmoil and more volatility as we head into january? >> the markets are going to be left open to turmoil and volatility, period. what we've seen is that despit
the president is coming back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before...
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Dec 10, 2012
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borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, does it soften the blow if they am am
borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two...
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Dec 27, 2012
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ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got re-elected and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang, and so now here we are five days from the new year, and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal, and if they had something to fit the bill, i'm sure the majority leader would have been able to deliver the votes the president wou
ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers....
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Dec 26, 2012
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i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the last 18 months? i can't imagine. >> why does the market not care if you're right? >> why does the market not care? people are saying there are reasons to own the stock market, irrespective of the fiscal cliff and things coming in the wake of sequestration and expiration of tax cuts actually good, things to embrace. let's embrace good things. republicans should like it. a little bit of fiscal responsibility in here and military budgets no party wants to take on, irrespective of parties. a lot to like. maybe they think bernanke can come in and to a certain degree fix with more stimulus policy and buying of assets
i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the...
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Dec 26, 2012
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president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones, so, there's doubtless conversations going on. senate doesn't get back until late tomorrow. president gets back late tomorrow. the house is not back, but all of the leadership types, all the important players in any potential resolution of this are going to be in contact with one another and the likelihood that they will be in contact increases with every passing hour. >> john, stick around. i want to bring in anthony, who is on the desk here tonight. he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've t
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones,...
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Dec 27, 2012
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. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with democ
. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely,...
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Dec 27, 2012
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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Dec 6, 2012
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hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had seen the line of buss that basically was a wall of about 60 buses, they get precedence to go in, and then like 16 other lanes getting down to one to go into the tunnel, and you're just sitting there, like no within in the world does this. >> i got stuck in a broken down truck in the holland tunnel last night. it's amazing how fast they get that truck up and out. >> they better because there are fumes and everything else. but if you try to go from pasadena at the wrong time in l.a., it's three hours. in other news out of the financial services industry, jpmorgan is naming co-chief control officers the new positions are aimed at
hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had...
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Dec 14, 2012
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>> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for rent, single-family rentals, that's the way it's sort of getting all that notion, at least today that some people are locked out of credit. they are renters, or renters nation. >> the real estate investment trusts. >> ev
>> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get...
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Dec 31, 2012
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but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but wit
but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned...
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Dec 18, 2012
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. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type of meaningful entitlement reform and a thoughtful and
. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset...
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Dec 10, 2012
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., hawaii and california, they're getting the biggest tax benefit in the $3,000 to $4,000 range. new york and new jersey are also way up there, thanks to high home values and income. and i'm noting them because these two states need home buyers, desperately. they have some of the biggest backlogs of distressed properties and need buyers in there absorbing that distress. taking away the deduction takes away one more reason to buy. $2,000 to $5,000 a year is a big savings. but we have to keep this in perspective. you only get the deduction if you itemize an only about one-third of americans do itemize. just 27% taking the deduction. and i want to note one other thing, older americans, 54% of families ages 55 to 64 are carrying mortgage debt. that's way up from 37% in 1989, because during the housing crash they were unable to move. so that's going to hit them hard as well. especially for the next several years. melissa? >> some very interesting figures. diana, thanks for that report. back at headquarters a quick market flash. >> good morning. take a look at marathon petroleum tradin
., hawaii and california, they're getting the biggest tax benefit in the $3,000 to $4,000 range. new york and new jersey are also way up there, thanks to high home values and income. and i'm noting them because these two states need home buyers, desperately. they have some of the biggest backlogs of distressed properties and need buyers in there absorbing that distress. taking away the deduction takes away one more reason to buy. $2,000 to $5,000 a year is a big savings. but we have to keep...
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Dec 24, 2012
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. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senate and he's the president of the united states. >>
. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a...
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Dec 18, 2012
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watching tonight and we begin with democrat daniel, the most senior older member died today, representing hawaii in the senate for five decades and second longest serving in history. he was a medal of honor recipient and hospitalized last week but eventually succumbed to respiratory complications. we're told his last word was aloha. inouye was 88 years old. >>> fiscal cliff talks may be gaining momentum. president obama met with john boehner after boehner indicated he was willing to make new concessions. it was a face-to-face meeting, their third in eight days. it is important and a good thing. it lasted 45 minutes. it has been 501 days since the united states lost its top credit rating. >>> elsewhere in politics a big decision in south carolina. governor nikki haley appointed tim scott to replace out going senator jim demitt. he will not only black member and will only fill the seat until a special election is held in november 2014. those results will determine who fills the remaining two years of the term. you may recall earlier this month he said he was resigning by january 1st to lead a cons
watching tonight and we begin with democrat daniel, the most senior older member died today, representing hawaii in the senate for five decades and second longest serving in history. he was a medal of honor recipient and hospitalized last week but eventually succumbed to respiratory complications. we're told his last word was aloha. inouye was 88 years old. >>> fiscal cliff talks may be gaining momentum. president obama met with john boehner after boehner indicated he was willing to...
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Dec 18, 2012
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he represented hawaii and was the second longest serving member in the history. a world war ii veteran. he was hospitalized last week but eventually succumbed to respiratory complications. we're told his last word was aloha. >> fiscal cliff talks may be gaining some momentum. president obama met with house speaker john boehner after boehner indicated he was willing to make new concessions. it was a face-to-face meeting, their third in eight days. a dpeeal could help the country get our aaa rating back. elsewhere in politics, a big decision in south carolina. governor nikki haley has represented kim scott to replace outgoing senator jim demint. scott will be the senate's only black member, but will only hold the position until the election in 2014. you mail recall that earlier this month, demint said he was resigning from the senate by january 1st to lead a conservative think tank where he said he could make a bigger difference than he does in the senate. >> and an independent review of how the american embassy handled the attack on the consulate. they will have a
he represented hawaii and was the second longest serving member in the history. a world war ii veteran. he was hospitalized last week but eventually succumbed to respiratory complications. we're told his last word was aloha. >> fiscal cliff talks may be gaining some momentum. president obama met with house speaker john boehner after boehner indicated he was willing to make new concessions. it was a face-to-face meeting, their third in eight days. a dpeeal could help the country get our...
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Dec 18, 2012
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. >>> hawaii and the rest of the nation remember a gentle giant of the u.s. senate. >> with a heavy heart, it bid aloha, aloha to my good friend, colleague and brother, daniel inou inouye. >> you will be excused if you didn't know that before his death yesterday. hawaii's daniel inouye ranked third in the line of presidential succession. he was the senate pro tem, the senior member of the senate's majority party, having served 50 years during his half century in office. inouye made many, many friends, lots happen. but made remarkably little noise. initially barred from serving in world war ii because of his japanese roots, he petitioned to get himself into the army, wound up losing an arm, fought with such distinction that he earned the medal of honor. he was first elected to congress back in 1959, the year hawaii became a state. and earned such respect he was named to committee that investigated watergate, investigated the iran/contra, also rose to the top of the powerful senate appropriations committee, which helped him steer federal dollars to his beloved
. >>> hawaii and the rest of the nation remember a gentle giant of the u.s. senate. >> with a heavy heart, it bid aloha, aloha to my good friend, colleague and brother, daniel inou inouye. >> you will be excused if you didn't know that before his death yesterday. hawaii's daniel inouye ranked third in the line of presidential succession. he was the senate pro tem, the senior member of the senate's majority party, having served 50 years during his half century in office....
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Dec 17, 2012
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senator daniel inuway of hawaii has passed away. a distinguished member of the united states senate. longest s the senate. distinguished record as a legislative leader. also was a world war ii combat veteran. he earned the nation's highest award for military valor and the medal of valor. served as chairman of the iran contra committee and a terrific guy to all of us who covered us over the years. they are joining us right now and very sad news. he was ill in recent weeks and in the hospital. still very, very sad that senator inouye has died. >> no question about it. you talked about some of the many, many points on his resume that made him so distinguished. one of them is that he is currently or was the longest serving senator here. he has been in the senate since 1963. in fact, he has represented the state of hawaii since it became a state in 1959. he also was currently serving as the president protem which made him 30 in line to the presidency. he was a constant presence around here. he has the position of the chairman of the powe
senator daniel inuway of hawaii has passed away. a distinguished member of the united states senate. longest s the senate. distinguished record as a legislative leader. also was a world war ii combat veteran. he earned the nation's highest award for military valor and the medal of valor. served as chairman of the iran contra committee and a terrific guy to all of us who covered us over the years. they are joining us right now and very sad news. he was ill in recent weeks and in the hospital....
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peace signs and flip-flops, and reminders of hawaii and other places they had visited. and they said by the time they left the the entire casket was colored, and that also has given them comfort and grace, they are going to be remembering grace, a wake on thursday, a funeral on friday. but it's amazing how strong they are and we'll be playing more of that interview tonight, wolf. >> they really reached out to you, anderson, because they want the world to know how wonderful grace was. they want to share that story with everyone. and it's not all that unusual, because a lot of times parents who lose someone in a situation like this, i remember at virginia tech, they want to speak out and express how much they loved their child. >> you know, it helps to talk. it helps to talk, it helps lynn to talk and it helps chris to talk and even jack, 12-year-old jack, who obviously we didn't interview on camera, it helps him to talk about grace. so even before we sat down for the interview, i spent a lot of time there honestly just hugging and holding hands with them and just looking
peace signs and flip-flops, and reminders of hawaii and other places they had visited. and they said by the time they left the the entire casket was colored, and that also has given them comfort and grace, they are going to be remembering grace, a wake on thursday, a funeral on friday. but it's amazing how strong they are and we'll be playing more of that interview tonight, wolf. >> they really reached out to you, anderson, because they want the world to know how wonderful grace was. they...
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Dec 21, 2012
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he would remain my senator until i left hawaii for college. even though my mother and grandparents took great pride that they had voted for him, i confess that i wasn't paying much attention to the united states senate at the age of 4 or 5 or 6. it wasn't until i was 11 years old that i recall even learning what a u.s. senator was or it registering at least. it was during my summer vacation with my family. my first trip to what those of us in hawaii call the mainland. so we flew over the ocean and with my mother and my grandmother and my sister, who at the time was 2, we traveled around the country. it was a big trip. we went to seattle and we went to disneyland which was most important. we traveled to kansas where my grandmother's family was from and went to chicago and went to yellowstone, and we took greyhound buses most of the time, and we rented cars, and we'd stay at local motels or howard johnsons, and if there was a pool at one of these motels, even if it was just tiny, i would be very excited, and the ice machine was exciting and the
he would remain my senator until i left hawaii for college. even though my mother and grandparents took great pride that they had voted for him, i confess that i wasn't paying much attention to the united states senate at the age of 4 or 5 or 6. it wasn't until i was 11 years old that i recall even learning what a u.s. senator was or it registering at least. it was during my summer vacation with my family. my first trip to what those of us in hawaii call the mainland. so we flew over the ocean...
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what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so
what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down...
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his body will be returned to his home state of hawaii tomorrow. his funeral is set for sunday. >>> and a law banning americans from adopting russian children warranted parliamentary approval. it's seen as retaliation for a u.s. law punishing human rights abusers in russia. it faces another vote before it can be signed into law. russia is one of the top sources for international adoptions over a 12-year period, more than 45,000 u.s. adoptions came from russia. >>> and on this first day of winter, a powerful winter storm and one of the busiest travel days of the year. it's adding up to be a big headache for those trying to get out of town for the holiday. this storm that hammered the midwest, it's now on the move and cnn meteorologist's alexandra steele, how bad could it get? >> it's been rough and it's getting rough tonight. here's what is happening with the delays, predominantly in new york, laguardia, jfk. boston as well. laguardia to newark to boston. san francisco has had four-hour delays. now 3 1/2 hours and it is weather-related there, too. f
his body will be returned to his home state of hawaii tomorrow. his funeral is set for sunday. >>> and a law banning americans from adopting russian children warranted parliamentary approval. it's seen as retaliation for a u.s. law punishing human rights abusers in russia. it faces another vote before it can be signed into law. russia is one of the top sources for international adoptions over a 12-year period, more than 45,000 u.s. adoptions came from russia. >>> and on this...
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he served hawaii as a senator for half a century. and as a congressman for three years before that. earlier this morning, republican house speaker john boehner made some remarks in honor of him. by the way, only 31 people have lain in the capitol rotunda, the last was gerald r. ford nearly six years ago. and the last senator so honored was hubert humphrey of minnesota. inouye was a war hero and served his country for a long time. and you see his casket being placed on the stand there in the u.s. capitol. >>> this morning, more grief and new details in newtown, connecticut, friends of the killer's mother says she spent her final days at a luxury resort in new hampshire. just hours later her son killed her and launched the deadly rampage at the school there. in the wake of the tragedy in newtown, parents are thinking differently about how to protect their children. it may seem like an extreme measure, but some parents are even trying to bulletproof their children. here's cnn's miguel marquez in salt lake city. >> reporter: it is a disturbing sign of the times. >> you guys make inserts
he served hawaii as a senator for half a century. and as a congressman for three years before that. earlier this morning, republican house speaker john boehner made some remarks in honor of him. by the way, only 31 people have lain in the capitol rotunda, the last was gerald r. ford nearly six years ago. and the last senator so honored was hubert humphrey of minnesota. inouye was a war hero and served his country for a long time. and you see his casket being placed on the stand there in the...
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but i did see he was planning to go to hawaii. >> police are saying he stole the gun from a friend. have you any idea where he may have stolen the gun? >> that, i am not aware of any of that. >> obviously, you seem very shocked by what's happened here. it does seem very out of character. were there any signs at all, in all the time you knew him, that he was suffering any kind of mental illness? that he wasn't balanced? did he have flare-ups, behavior issues at all, that suggested to you he was capable of all this? >> absolutely not. jake was the last person on my mind that i thought would do something like this. >> did he have family issues that you're aware of? >> not that i'm aware of. >> completely baffling to you? >> absolutely is. >> you seem very upset. it's hardly surprising. is the whole community, just in deep shock about this? >> yeah. you know, all of our friends just are trying to comprehend what he may have gone through or what could have happened that led him to do such a drastic thing. >> on his facebook page, there are pictures of him shooting. we're looking at one o
but i did see he was planning to go to hawaii. >> police are saying he stole the gun from a friend. have you any idea where he may have stolen the gun? >> that, i am not aware of any of that. >> obviously, you seem very shocked by what's happened here. it does seem very out of character. were there any signs at all, in all the time you knew him, that he was suffering any kind of mental illness? that he wasn't balanced? did he have flare-ups, behavior issues at all, that...
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he served hawaii since 1959. that's where president obama grew up so he's well familiar with daniel inouye. he was awarded medal of honor after losing an arm in world war ii. it was at a hospital in recovery that he met bob dole. senator inouye was 88 years old. [ bell tolling ] [ bell tolling ] >> i am resurrection and i am life says the lord. whoever has faith in me shall have life even though he died, and everyone who has life and has committed himself to me in faith shall not die forever. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> all right. we are awaiting the first news conference since the newtown tragedy fr
he served hawaii since 1959. that's where president obama grew up so he's well familiar with daniel inouye. he was awarded medal of honor after losing an arm in world war ii. it was at a hospital in recovery that he met bob dole. senator inouye was 88 years old. [ bell tolling ] [ bell tolling ] >> i am resurrection and i am life says the lord. whoever has faith in me shall have life even though he died, and everyone who has life and has committed himself to me in faith shall not die...
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senator inouye has been senator since hawaii became a state. a lot of history there. >> anyone who says a bad word about senator inouye. >> i know. it's awfully hard to. bob dole was saluting his old friend, senator inouye. senator dole right there. thank you, candy. >> piers morgan is one never to hold back. he's outraged over gun rights in the united states. piers will join us live. that's next. let's say you want to get ahead in your career. how do you get from here... to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. ln fact, by thinking about where want your education to lead, while you're still in school, you might find the best route... leads somewhere you weren't even looking. let's get to work. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. nature valley granola thins pack the big tast
senator inouye has been senator since hawaii became a state. a lot of history there. >> anyone who says a bad word about senator inouye. >> i know. it's awfully hard to. bob dole was saluting his old friend, senator inouye. senator dole right there. thank you, candy. >> piers morgan is one never to hold back. he's outraged over gun rights in the united states. piers will join us live. that's next. let's say you want to get ahead in your career. how do you get from here... to...
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demonstrate they have the capability to reach out thousands of miles, potentially japan, philippines, hawaii, alaska. they have the stated goal of wanting that intercontinental ballistic missile range. when you marry that up with a nuclear weapon with, even the threat of this destabilizes the region which of course is a real economic power house now days, isn't it? china, the rise of asia this the world economy. this is not a place that anybody wants to see this kind of security destabilization, if you will, and the u.s. has spent many years trying to work through the chinese to get to the north koreans to try to convince them to back off of this effort, but it looks like they have no intention of doing so. >> barbara starr appreciate your reporting tonight and paul hancock as well. >>> and two new offers on the table. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics,
demonstrate they have the capability to reach out thousands of miles, potentially japan, philippines, hawaii, alaska. they have the stated goal of wanting that intercontinental ballistic missile range. when you marry that up with a nuclear weapon with, even the threat of this destabilizes the region which of course is a real economic power house now days, isn't it? china, the rise of asia this the world economy. this is not a place that anybody wants to see this kind of security...
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there were reports that he was planning to move to hawaii. he was telling friends that he inherited a bunch of money. of course that's not true. everyone seems so genuinely shocked that this happened. they called him a happy-go-lucky kid, somebody who was popular in high school. his ex-girlfriend spoke out to abc. take a look. >> this is the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> reporter: of course we're also focusing on the victims today. 45-year-old steven forsyth, a father of two, a respected executive here in the portland area, and of course 54-year-old cindy uhl was a mother, a dedicated hospice nurse and people who knew her are also speaking out. take a look. >> cindy was an amazing hospice nurse. she spent her life helping other people transition to the end of life. and cindy's family never got to say goodbye. >> reporter: 15-year-old christina is in the hospital. she's expected to survive. she's in stable condition. she took a bullet to the torso. it bruised her lu
there were reports that he was planning to move to hawaii. he was telling friends that he inherited a bunch of money. of course that's not true. everyone seems so genuinely shocked that this happened. they called him a happy-go-lucky kid, somebody who was popular in high school. his ex-girlfriend spoke out to abc. take a look. >> this is the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> reporter: of course we're also...
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president obama here in hawaii. the next step will be for the senate to reconvene, which it's scheduled to do december 27th. till then, it's up to the white house to try to work out a situation at least on the tax cuts that are set to expire at the end of the year, work out a deal with the senate majority leader, harry reid as well as the senate minority leader mitch mcconnell, trying to figure out something that could ultimately pass the senate and then next pass the house with not only republican support but democratic support, as well. and the president holding out hope this could happen. take a listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> but the chances of getting something big done that deals with the fiscal health of the country, miguel, out the window at this point. this is something we're talking about to deal just with those tax cut
president obama here in hawaii. the next step will be for the senate to reconvene, which it's scheduled to do december 27th. till then, it's up to the white house to try to work out a situation at least on the tax cuts that are set to expire at the end of the year, work out a deal with the senate majority leader, harry reid as well as the senate minority leader mitch mcconnell, trying to figure out something that could ultimately pass the senate and then next pass the house with not only...
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cathedral today in washington to bid farewell to the late united states senator daniel inouye who served hawaii since statehood, 50 years in the u.s. senate. inouye died on monday. he was eulogized today by a fellow hawaiian himself once a senator, who spoke of first beginning to understand politics while watching senator inouye serve on a watergate committee. >> to see this man, this senator, this powerful, accomplished person who was not a central cast when it came to what you would think a senator might look like at the time, and the way he commanded the respect of an entire nation, i think it hinted to me what might be possible in my own life. this was a man who as a teenager stepped up to serve his country, even after his fellow japanese americans were declared enemy aliens. a man who believed in america, even when its government didn't necessarily believe in him. that meant something to me. it gave me a powerful sense, one that i couldn't put into words, a powerful sense of hope. >> president barack obama earlier today eulogizing daniel inouye, the long-serving u.s. senator died monday. h
cathedral today in washington to bid farewell to the late united states senator daniel inouye who served hawaii since statehood, 50 years in the u.s. senate. inouye died on monday. he was eulogized today by a fellow hawaiian himself once a senator, who spoke of first beginning to understand politics while watching senator inouye serve on a watergate committee. >> to see this man, this senator, this powerful, accomplished person who was not a central cast when it came to what you would...
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isn't the president supposed to be in hawaii on monday? >> i don't think he is going to be in hawaii on monday. i think they will be here for at least all of next week. let's see what happens on christmas eve. you have to get the legislation down on paper and take a look at it and have a roll call. there is a fast track they can do in a speedy fast track. they still need time and they are far apart on a lot of these issues. will they kick the ball down the road? that's obviously possible. they often do that in a situation like this. especially when they want to be home for christmas and new year's. that puts an enormous amount of pressure on the men and women in the house and the the house and senate. let's see if it's enough to score a deal. brooke, you know this, our viewers know this. if nothing happens, if no legislation is enacted, everyone's taxes is going on and there will be significant spending cuts, national security spending. that's going to happen until there's legislation. so the pressure is clearly enormous. >> the pressure i
isn't the president supposed to be in hawaii on monday? >> i don't think he is going to be in hawaii on monday. i think they will be here for at least all of next week. let's see what happens on christmas eve. you have to get the legislation down on paper and take a look at it and have a roll call. there is a fast track they can do in a speedy fast track. they still need time and they are far apart on a lot of these issues. will they kick the ball down the road? that's obviously possible....
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intercontinental ballistic missile launch, potentially in the future with a nuclear warhead and that could put hawaii, alaska and the west coast of the united states one day at risk. >> victor cha, when the government says at no time was the missile or the debris a threat to america. is it a matter of time before kim jong-un is a threat to america. >> it is only a matter of time and the time is getting shorter. it is not also the risks that barbara mentions but they have relationships with iran. every missile system they have sold to iranians and i'm sure the iranians were watching carefully whether this would be a successful or nonnot successful launch and there will be relationships that develop as a result of this test. >> victor cha and barbara starr, thank you for your insight an analysis on this. >>> the cia agent that tracked down bin laden is celebrated by a fichlt and one former associate said the attention has led to jealous and infighting in the cia. >>> and a navy s.e.a.l. killed in afghanistan. we will take you to his hometown so you can hear from the people who knew him best. one philli
intercontinental ballistic missile launch, potentially in the future with a nuclear warhead and that could put hawaii, alaska and the west coast of the united states one day at risk. >> victor cha, when the government says at no time was the missile or the debris a threat to america. is it a matter of time before kim jong-un is a threat to america. >> it is only a matter of time and the time is getting shorter. it is not also the risks that barbara mentions but they have...
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from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the senate, all eyes on now, that we look for the last-ditch effort to avoid the fiscal cliff. even though the president is returning on thursday, we may not see the senate roll out its bill to deal with the fiscal cliff. perhaps for a couple of days. this is entirely possible we've learned from sources as senate majority leader harry reid works to get republican support in the senate, which he will need if he's going to pass a bill. and so we're still waiting to see exactly what it will look like that the white house wants for the threshold on income tax rates to cut off
from hawaii to try to keep america from going over the fiscal cliff. as the house and senate reconvene tomorrow. the clock is ticking. six days until the deadline. the way things work in washington, can they actually get something done before the end of the year? brianna keilar, what is the latest on this? >> hi, there, drew. president obama will be heading home from hawaii tonight, logical time arri arriving in d.c. thursday morning when the senate will be reconvenin reconvening, and the...
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we know that the president is going to possibly delay his holiday, his vacation in hawaii. he's going to stay in washington to try and get it done. do we expect they'll all sit in their seats trying to hash something out before the new year? >> reporter: well, as i said, the two people who are going to have to do this now again, according to all sides, has to be the president and the speaker. the president is delaying his trip he says. we're going to hear from the speaker about what his plans are. we heard from the senate's top democrat, the senate majority leader he plans to go to the funeral or the memorial service for senator daniel inoyae and a funeral in hawaii and we're up to christmas eve and christmas. the senate won't come back until next week, you can hope when they get back they'll have something to vote on, but it's too close to call right now. we just don't know. >> dana, thank you. appreciate it. >>> like the debate over expiring tax cuts, weather unpredictab unpredictable. just ahead the official start of winter. wisconsin governor scott walker called for a s
we know that the president is going to possibly delay his holiday, his vacation in hawaii. he's going to stay in washington to try and get it done. do we expect they'll all sit in their seats trying to hash something out before the new year? >> reporter: well, as i said, the two people who are going to have to do this now again, according to all sides, has to be the president and the speaker. the president is delaying his trip he says. we're going to hear from the speaker about what his...
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are reports that he was telling people in a he had inherited a bunch of money and planning to move to hawaii. apparently that's not grounded in any truth whatsoever. but you talk to all the people who knew him and they say this just doesn't sound like jacob roberts. and so at this point, it's just a real mystery. we're also getting more details in terms of the chronology in terms of how it occurred. we're told roberts entered the second floor of the macy's store, started firing actually in the food court area. and then within a minute, within one minute, police swarmed to the scene and when roberts felt like he was cornered, he went to the first floor, that and he where he shot himself. meantime, we're also hearing from someis of his friends. listen to someone who knew roberts from high school. >> he was a counseling aid with us. kids would sometimes be assigned to be our assistant and he helped us with some of the work in the counseling office. i found him to be a very polite young man, soft spoken, nice smile. and just really surprised that somebody with his personality would end up doing
are reports that he was telling people in a he had inherited a bunch of money and planning to move to hawaii. apparently that's not grounded in any truth whatsoever. but you talk to all the people who knew him and they say this just doesn't sound like jacob roberts. and so at this point, it's just a real mystery. we're also getting more details in terms of the chronology in terms of how it occurred. we're told roberts entered the second floor of the macy's store, started firing actually in the...
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korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just mentioned, indeed, the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a north korean satellite to orbit around the earth. they clearly achieved one goal raising everyone's anxiety level. >> this is a step towards the ability to build a long-range missile that could strike parts of the u
korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just mentioned, indeed,...
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. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but the daily mail says katherine may not be well enough to go. >> if he skips the hobbit for her, that is true love. i'll be impressed. >> thank you. 17 minutes past the hour. time for early reads, local news making national headlines. we're starting with the charlotte news and observer in north carolina where a federal judge ruled the state cannot issue choose life license plates without offering ones with different view points. he called it viewpoint discrimination and violation of the first amendment. pro-choice advocates and the aclu praised that decision but the ruling suggests, th
. >>> the state of hawaii is no longer 50th in voter turnout. it's tied for 49th with west virginia. this time around, they've got company at the bottom. both west virginia and hawaii tenned out 44.2% of its voters in 2012. >>> the duke of cambridge decided to cancel a scheduled appearance at a military event to be with his pregnant wife. katherine has been battling acute morning sickness. they are supposeded to attend the royal premiere of "the hobbit" tomorrow but...